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Acreages for Sale in Southern Alberta Under $500,000 – Live the Rural Dream Affordably

Affordable Acreages, Hobby Farms & Rural Homes Near Calgary

Acreages for sale in Southern Alberta under $500,000 with rural landscapes
Affordable Southern Alberta acreages under $500,000 offering privacy, open land, and rural living

Looking for acreages for sale in Southern Alberta under $500,000? These affordable rural properties offer an excellent opportunity to enjoy country living without exceeding your budget. Buyers can choose from small acreages, hobby farms, country homes, and undeveloped land that provide space, privacy, and a quieter lifestyle outside urban centres.

Many acreages under $500K are located near key areas such as Calgary, Lethbridge, Brooks, and surrounding rural communities. This allows buyers to enjoy the benefits of peaceful rural settings while remaining within commuting distance of schools, shopping, healthcare, and employment opportunities.

Properties in this price range may include open pastureland, outbuildings, workshops, or modest homes with potential for renovation or future development. Whether you’re a first-time acreage buyer, downsizing from a larger farm, or searching for land to build on, these Southern Alberta acreages under $500,000 offer flexible options to suit a variety of lifestyles and long-term goals.

  • Scenic prairie and foothill locations with room to grow
  • Commuter access to Calgary, Lethbridge & nearby towns
  • Ideal for small livestock, gardening, or recreational space
  • Many listings include fencing, outbuildings, or utilities

Looking for more Alberta acreage options? Browse Calgary-area acreages and country homes for additional listings in nearby regions.

Contact Diane Richardson
Phone: 403.397.3706
Email: diane@mypadcalgary.com

Acreages for Sale in Southern Alberta Under $500,000

Discover affordable acreage living in Southern Alberta with a wide selection of properties priced under $500,000. Whether you're looking for a hobby farm, a rural home with land, or undeveloped property with future potential, these listings provide great value for first-time acreage buyers, retirees, and investors alike.

Popular counties include Rocky View, Foothills, Wheatland, and Mountain View, offering proximity to cities like Calgary, Airdrie, Okotoks, and Lethbridge while maintaining the peace and privacy of country living. From fully serviced homes to raw land with room to build, these acreages offer flexible options for different lifestyles and budgets.

Thinking of buying land or relocating to the countryside? Set up listing alerts, request more details, or contact Diane Richardson for expert guidance on the local acreage market. With years of experience in Southern Alberta real estate, Diane helps buyers find the perfect rural property at the right price.

Acreages for Sale in Southern Alberta Under $500,000 | Affordable Rural Properties

Acreages for sale in Southern Alberta under $500,000, Affordable Southern Alberta acreages

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  • 4214 50 Avenue in Olds: Detached for sale : MLS®# A2287035

    4214 50 Avenue Olds T4H 1A5
    Main Photo: 4214 50 Avenue in Olds: Detached for sale : MLS®# A2287035

    4214 50 Avenue Olds T4H 1A5

    $560,000
    Residential
    Status:
    Active
    MLS® Num:
    A2287035
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,466 sq. ft.
    Discover the epitome of tranquil, spacious living with this stunning acreage in the charming town of Olds, Alberta. This beautifully maintained property offers the perfect retreat, blending serene rural living with convenient proximity to all the amenities Olds has to offer. The home is thoughtfully updated and well-appointed, featuring a new roof installed in 2012, new windows and doors added in 2014, and a brand-new hot water tank just this year. A modern dishwasher, installed in 2018, complements the well-designed kitchen, while efficient hot water heating ensures comfort throughout the year. The main floor laundry adds practical convenience, making daily tasks a breeze. Step inside to find a living space characterized by warmth and elegance. The living room showcases stunning brick masonry, providing a striking focal point and a cozy atmosphere. Two fireplaces add charm, though they have not been used by the current owners for some time (sold as-is). The expansive primary bedroom is a private sanctuary, complete with his and hers closets and a luxurious ensuite bathroom. The home offers three additional bedrooms on the upper level and two more in the basement, providing ample space for family and guests. The basement is also a standout feature, boasting a massive recreation room where you can enjoy leisure activities with an included pool table and accessories. Storage is plentiful throughout the home, ensuring all your belongings have a place. Outside, the property truly shines with its generous piece of land. There's ample space for outdoor activities, from running and playing to hosting large family reunions and gatherings. The yard is adorned with huge, mature trees in both the front and back, enhancing privacy and adding to the property's natural beauty. Included in the sale are three sheds, a delightful playhouse, and a greenhouse, providing endless possibilities for hobbies and storage. Experience peaceful living with incredible neighbors in a location that remains close to everything you need. With numerous extras included to help you settle into your new home, this acreage is more than just a property—it's a lifestyle. Don't miss this exceptional opportunity to make this your new home. This is truly a must-see! More details
    Listed by CIR Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 392005 6-5 Range in Rural Clearwater County: Detached for sale : MLS®# A2278454

    392005 6-5 Range Rural Clearwater County T4T 1L7
    Main Photo: 392005 6-5 Range in Rural Clearwater County: Detached for sale : MLS®# A2278454

    392005 6-5 Range Rural Clearwater County T4T 1L7

    $560,000
    Residential
    Status:
    Active
    MLS® Num:
    A2278454
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,237 sq. ft.
    Welcome to your own private retreat just minutes from Rocky Mountain House. This charming five-bedroom, two-bathroom home is nestled on 4.94 acres of beautifully treed land, offering the perfect blend of country living and modern comfort. The property is partially fenced and thoughtfully set up for those who appreciate both outdoor space and functionality. Equestrians and hobby farmers alike will love the four-stall barn complete with a tack room, power, water, and plumbing for a livestock watering system. The insulated single-car garage provides additional storage space or could easily serve as a workshop for your next project. For the green thumb, a fenced garden area features a variety of raised and half-buried garden beds ready for your next growing season, while a convenient dog run makes this property ideal for families with pets. Inside, you’re welcomed by a spacious mud room—perfect for organizing boots, jackets, and outdoor gear after a day outdoors. The bright kitchen includes sleek finishes, counter-height seating, and plenty of prep space, making it ideal for everyday meals or entertaining guests. The open-concept living and dining area flows naturally from the kitchen, with patio doors that open to a large deck where you can unwind and enjoy the peaceful surroundings. The main level also includes an updated four-piece bathroom, a comfortable primary bedroom, and 2 bedroom, all featuring updated flooring that adds warmth and style. Downstairs, you’ll find a generous family room with a walkout patio door and plenty of natural light—perfect for movie nights, playtime, or simply relaxing. Two additional bedrooms, another full four-piece bathroom, and a convenient laundry area complete the lower level, providing space and flexibility for the entire family. Move-in ready and thoughtfully designed for comfort and practicality, this property offers the best of rural living without sacrificing modern convenience. Whether you’re looking for room to grow, space for animals, or a peaceful country escape. This older home has had a ton of up grade making it easy to unpack and start living the country life. More details
    Listed by Royal LePage Tamarack Trail Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 284009 Range Road 225 in Rural Kneehill County: Detached for sale : MLS®# A2243641

    284009 Range Road 225 Rural Kneehill County T0M 0L0
    Main Photo: 284009 Range Road 225 in Rural Kneehill County: Detached for sale : MLS®# A2243641

    284009 Range Road 225 Rural Kneehill County T0M 0L0

    $558,000
    Residential
    Status:
    Active
    MLS® Num:
    A2243641
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,520 sq. ft.
    Here’s your chance to own a beautiful 4-acre parcel in the countryside—just under 55 minutes from Calgary! Nestled beside a scenic coulee with a small pond, this spacious 1,500+ sq. ft. bungalow offers the perfect blend of rural charm and practical potential. The home features three bedrooms and 1.5 bathrooms, with a framed basement ready for development—just waiting for your personal touch. Finish it off and complete a few remaining renovations on the main floor to instantly add value and equity. Additional highlights include: Two insulated barns/workshops 36mX18m– both built in 2022 Attached garage/workshop Two decks, including a massive 24’ x 14’ west-facing deck for ultimate privacy New hot water tank Highly insulated foundation Abundant electrical power Well + municipal water for reliable supply Second driveway access – ideal for future development, additional buildings, or a large workshop This home offers incredible potential for a renovation project, flip, or a dream home with built-in equity. With this much land and infrastructure at such an affordable price, it's a rare find in today’s market. More details
    Listed by Century 21 Bamber Realty LTD.
    LISTING DETAILS
    DIANE RICHARDSON

  • 8 29415 Range Rd 52 in Rural Mountain View County: Little Red Acres Detached for sale : MLS®# A2290127

    8 29415 Range Rd 52 Little Red Acres Rural Mountain View County T0M 2E0
    Main Photo: 8 29415 Range Rd 52 in Rural Mountain View County: Little Red Acres Detached for sale : MLS®# A2290127

    8 29415 Range Rd 52 Rural Mountain View County T0M 2E0 Little Red Acres

    $550,000
    Residential
    Status:
    Active
    MLS® Num:
    A2290127
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,942 sq. ft.
    A Beautiful Modular Home on 1.01 Acre in Water Valley, Alberta Welcome to this beautifully and fully renovated 1,942 sq. ft. modular bungalow set on a quiet and privately serviced 1.01-acre parcel in the heart of Water Valley. Built on steel beams and a wood foundation & concrete Piles, this home offers exceptional stability and peace of mind—perfect for comfortable, low-maintenance country living. The bright, functional floor plan features three bedrooms, two full 4-piece bathrooms, and spacious open living areas, all on one level. Recent updates—including new carpet, luxury waterproof vinyl plank, and laminate flooring—bring a fresh, modern feel throughout. Large windows fill the home with natural light and offer peaceful views of the surrounding trees and landscape. At the heart of the home, the generous kitchen and dining area flow into the living room, creating an inviting space for family time and entertaining. The impressive 32' x 14' rear addition adds even more versatility—use it as a family room, studio, hobby space, playroom, or extra storage. The well-designed mudroom keeps boots, gear, and everyday essentials organized—ideal for life on acreage. Car enthusiasts, hobbyists, or anyone needing extra space will appreciate the oversized 32' x 24' double attached garage, perfect for vehicles, tools, and projects. The home is equipped with a natural gas forced-air furnace, asphalt shingles, and durable metal siding with wood accents. Enjoy the independence and simplicity of your own well and private septic system, offering lower costs and reliable rural service. Included: Fridge, Electric Stove, Built-In Dishwasher, Hood Fan (As-Is), Microwave, Washer, Dryer, Garage Door Control + 2 Remotes. Outside, the property provides room to garden, relax, host gatherings, or enjoy the peaceful surroundings. The location is ideal—close to the Water Valley Saloon, Whiskey Barrel Outpost, campgrounds, fishing, and scenic trails. Sundre, Cremona, and Carstairs are an easy drive, and Calgary is just over an hour away, offering the right balance of privacy and convenience. Whether you're searching for a full-time residence or a weekend escape, this well-cared-for home delivers comfort, functionality, and the country lifestyle for which Water Valley is loved. Acreage freedom. Country charm More details
    Listed by Real Broker
    LISTING DETAILS
    DIANE RICHARDSON

  • 40025 Range Road 222 in Rural Lacombe County: Detached for sale : MLS®# A2280903

    40025 Range Road 222 Rural Lacombe County T0M 0X0
    Main Photo: 40025 Range Road 222 in Rural Lacombe County: Detached for sale : MLS®# A2280903

    40025 Range Road 222 Rural Lacombe County T0M 0X0

    $550,000
    Residential
    Status:
    Active
    MLS® Num:
    A2280903
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,133 sq. ft.
    Click brochure link for more details. Country Charm Meets Practical Acreage Living. Welcome to your own slice of rural paradise on this beautifully set 4-acre property just one mile from pavement—offering the perfect balance of peaceful country living with easy access year-round. At the heart of the property sits a charming 3-bedroom, 2-bath character farmhouse, full of warmth and personality. Recent upgrades add modern comfort while preserving its rustic appeal, including a new roof, a newly renovated kitchen, and a fully finished basement that provides extra living, recreation, or workspace. Outside, the property is thoughtfully laid out for hobby farmers, equestrians, or anyone needing space to work and play. You’ll find a chicken coop ready for your flock, a heated shop with an attached riding arena—ideal for year-round projects or training—and a single-car garage for added storage and convenience. Whether you’re dreaming of farm-style living, running a home-based business, or simply enjoying wide-open space, this acreage offers endless possibilities in a location that’s both private and accessible. More details
    Listed by Honestdoor Inc.
    LISTING DETAILS
    DIANE RICHARDSON

  • 220 5241 Township Road 325A in Rural Mountain View County: Detached for sale : MLS®# A2260142

    220 5241 Township Road 325A Rural Mountain View County T0M 1X0
    Main Photo: 220 5241 Township Road 325A in Rural Mountain View County: Detached for sale : MLS®# A2260142

    220 5241 Township Road 325A Rural Mountain View County T0M 1X0

    $549,900
    Residential
    Status:
    Active
    MLS® Num:
    A2260142
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,431 sq. ft.
    Private Acreage Living with Dual Garages in Osadchuk Heights on 2 Acres! Nestled in the peaceful community of Osadchuk Heights & just minutes from Sundre, this affordable & private acreage offers the perfect blend of rural tranquility & everyday convenience. This charming 3-bedroom, 2-bathroom modular bungalow is set on a spacious, treed lot & comes complete with not just one, but two garages—a rare find! Step inside to a sun-filled living room highlighted by large west-facing windows & a cozy wood-burning stove, creating the ideal setting for relaxing evenings & weekend gatherings. The well-appointed kitchen features abundant cabinetry, a central island with bar seating, & an adjoining dining room perfect for hosting Sunday dinners or holiday feasts. Conveniently located near the back entry, the laundry area adds practicality to your daily routine. Two generous secondary bedrooms are tucked away at one end of the home, offering excellent privacy & sharing a full 4-piece bathroom—ideal for family or guests. The spacious Primary Suite offers plenty of room for your full bedroom set, plus a 3-piece ensuite featuring a large walk-in shower & a walk-in closet for all your wardrobe needs. Outdoors, this property truly shines. Oversized 24x26 double detached garage is fully finished, heated, wired, & even includes a 2-piece bathroom—ideal for hobbyists, mechanics, or a home business. 16x20 single detached garage with concrete floor & power is perfect for storage, toys, or a future workshop. Enjoy your private outdoor space with oversized front & back decks, ideal for summer BBQs, entertaining guests, or simply enjoying the peaceful surroundings. New shingles were installed within the past year, offering peace of mind for years to come. Whether you’re starting out, downsizing, or looking for a forever home in the country with room to breathe, this home has it all. THIS could be YOUR FOREVER HOME! “Home Is Where Your Story Begins!” More details
    Listed by CIR Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 62026A Highway 11 in Rural Clearwater County: Detached for sale : MLS®# A2282854

    62026A Highway 11 Rural Clearwater County T4T 2A1
    Main Photo: 62026A Highway 11 in Rural Clearwater County: Detached for sale : MLS®# A2282854

    62026A Highway 11 Rural Clearwater County T4T 2A1

    $545,000
    Residential
    Status:
    Active
    MLS® Num:
    A2282854
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,200 sq. ft.
    Welcome to your private retreat where nature, space, and comfort meet. This beautiful 8+ acre property is located just 8 minutes from Rocky Mountain House and offers the perfect blend of country living with town convenience. Enjoy sunrise views from the southeast-facing covered front veranda. The property features walking trails, quadding trails, and cross-country ski paths throughout, making it an ideal setting for outdoor enthusiasts and families. The land offers excellent potential for a home-based business, secondary business space, or recreational use, including space for children to explore and enjoy nature. The property includes 8 acres of treed and open land, a single attached garage, and a double detached garage. The covered front veranda and porch provide a peaceful outdoor living space with scenic views. Inside, the home offers a bright open-concept main floor. The spacious primary bedroom includes a full ensuite and dual closets. A 4-piece main bathroom with tub and shower combination serves the main floor. The basement is open and functional offering excellent space for a family room, office, gym, or additional living area. This property offers the freedom of acreage living with the comforts of home, all within 8 minutes of town. More details
    Listed by CIR Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 440080 Range Road 260 in Rural Ponoka County: Detached for sale : MLS®# A2287866

    440080 Range Road 260 Rural Ponoka County T4J 1R3
    Main Photo: 440080 Range Road 260 in Rural Ponoka County: Detached for sale : MLS®# A2287866

    440080 Range Road 260 Rural Ponoka County T4J 1R3

    $530,000
    Residential
    Status:
    Active
    MLS® Num:
    A2287866
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,342 sq. ft.
    WELCOME TO THE HEART OF ALBERTA! 4 acres of hobby farm situated in the rolling hills of Ponoka County, come find a very nicely updated farmhouse with lots of custom features. Open concept kitchen/dining room with tons of cabinet space, a peninsula island and real wood cabinets. Opening onto the spacious living room and formal front entry, with big south facing windows to flood the space with daylight. A four piece bathroom with big jet tub completes the space. Down the hall two bedrooms greet you, both with custom porcelain Italian floor tiles. A third bedroom/office at the other end of the home off of the large working entry way, and a half bath conveniently situated to wash up right as you come in from chores. Downstairs, a dry, solid basement where the laundry resides, with water conditioning system servicing the well, which produces 10 bpm for you and the livestock. You’ll also find a big cellar and a flex space which was probably originally a bedroom. Out front of the home is an amazing patio with a great wood deck, shrubs enclosing you in from the northern elements, an excellent view across the valley to the south and a spectacular backyard with enough variety of fruit trees that I’m tempted to name it an orchard. Down below are a bunch of pens/corrals for horses, cows and even pigs. The barn has a caged breezeway all the way over to the coop for some very lucky chickens and ducks. Another garden area out in the barnyard, this one all fenced to keep our deer friends away. The original garage shares the same new shingles that the house has, and also has a cooler built onto one side, with an overhang and dog/cathouse off of the other. Lastly, a newer 26’X24’ double detached garage complete a whole lot of infrastructure. The pavement of QE2 is just a shy of a mile away, your vehicles will thank you, the airport is 35 minutes and Ponoka is less than ten minutes if you drive like me, probably more like ten minutes if you drive like you. Wonderful next door neighbours, but don’t be fooled by the back fence line, this property actually extends all the way down the hill to the creek that splits the two properties but that was a pain to fence so they fenced up on the hill instead. Ladies & Gentlemen, this is Alberta, Amen. More details
    Listed by Alberta Realty Inc.
    LISTING DETAILS
    DIANE RICHARDSON

  • 422051 Range Road 25 in Rural Ponoka County: Kansas Ridge Detached for sale : MLS®# A2283854

    422051 Range Road 25 Kansas Ridge Rural Ponoka County T0C 2J0
    Main Photo: 422051 Range Road 25 in Rural Ponoka County: Kansas Ridge Detached for sale : MLS®# A2283854

    422051 Range Road 25 Rural Ponoka County T0C 2J0 Kansas Ridge

    $527,900
    Residential
    Status:
    Active
    MLS® Num:
    A2283854
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,966 sq. ft.
    Welcome to this extensively upgraded acreage offering 3.56 acres backing directly onto the Blindman River, complete with accessible river trails, a private oxbow pond, and peaceful views north toward the Town of Rimbey from the backyard. This 4 bedroom, 3 bathroom home has undergone significant improvements over the years, creating a truly move-in-ready rural property where major systems and finishes have already been addressed. Inside, you’re greeted by a spacious, light-filled entrance that opens into a stunning lower family room featuring soaring ceilings, expansive windows, and a striking fireplace with custom hearth and surround—an ideal space for gathering and entertaining. The home offers a functional layout with a large upper den overlooking the backyard, perfect for a home office, reading nook, or flex space. The backyard is a standout feature, offering both river frontage and a secluded oxbow pond that is ideal for winter ice skating and features a small island with a picnic table, creating a unique and peaceful retreat rarely found on acreage properties. Recent upgrades include a new roof, siding, soffit, fascia, windows, kitchen and pantry, updated bathrooms, flooring, paint, high-efficiency heating and cooling systems, in-floor heat, multiple wood stoves, and more—offering long-term peace of mind and energy efficiency. The property is equally impressive outdoors with productive gardens, fruit trees, raised beds, a covered workspace, and multiple storage sheds. A rare opportunity to own a turn-key, river-backing acreage that blends privacy, functionality, and natural beauty, all within close proximity to town of Rimbey. More details
    Listed by CIR Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 3146 Township Road 360 in Rural Red Deer County: Detached for sale : MLS®# A2288151

    3146 Township Road 360 Rural Red Deer County T4G 0N2
    Main Photo: 3146 Township Road 360 in Rural Red Deer County: Detached for sale : MLS®# A2288151

    3146 Township Road 360 Rural Red Deer County T4G 0N2

    $525,000
    Residential
    Status:
    Active
    MLS® Num:
    A2288151
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,579 sq. ft.
    If the noise and congestion of city or town life are getting under that one nerve, here is an opportunity to leave that lifestyle behind. This 4.64-acre property is partly fenced and offers a practical setup for a horse or two, some sheep, or chickens. For the gardener, this property is a true paradise. In addition to a dedicated garden area and a 10’x20’ greenhouse equipped with propane heat (propane tanks are leased), the grounds are lush and productive. The landscape features 13 apple trees across three varieties, plum trees, cherry trees, Saskatoons, grapes, raspberries, and strawberries. There are also over 100 different perennials tucked into numerous gardens, including a specialized medicinal garden. The property includes several functional outbuildings: a 32’x10’ storage shop, a 24’x26’ double detached garage, and various miscellaneous structures. The large, treed yard is home to a character 1.5-story house featuring three bedrooms, a dining room, a large living room with a wood-burning stove, and a loft area for crafts or extra space. Over the years, the home has seen several thoughtful improvements, including updated windows and doors, some light fixtures, and a metal roof. Additionally, the old lath and plaster walls have been replaced with drywall. The yard is expansive enough that family and friends can visit with their RVs, making it a great spot for gatherings and memories. A nice bonus is the location, situated just west of the town of Dickson, with easy access to Glennifer Lake. You are also conveniently located within 25 minutes of Innisfail, 30 minutes of Sylvan Lake, and 45 minutes of Red Deer. Don’t miss out—call your Realtor® today to book your viewing appointment. More details
    Listed by CIR Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 36 41513 Range Road 13 in Rural Lacombe County: Birch Bay Detached for sale : MLS®# A2266254

    36 41513 Range Road 13 Birch Bay Rural Lacombe County T0M 0J0
    Main Photo: 36 41513 Range Road 13 in Rural Lacombe County: Birch Bay Detached for sale : MLS®# A2266254

    36 41513 Range Road 13 Rural Lacombe County T0M 0J0 Birch Bay

    $524,900
    Residential
    Status:
    Active
    MLS® Num:
    A2266254
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,731 sq. ft.
    ABSOLUTELY STUNNING LAKE VIEWS!!!! This home blends comfort, elegance, and utility in an incomparable setting. Enter to discover hardwood floors, granite countertops, laundry on the main floor with convenient sink, and unique upgrades. The design is perfect for entertaining and ease of use, with a sunny open-concept living and dining area separated by a lovely three-sided gas fireplace. The kitchen features a gas cook top, granite countertops, pantry, and an entrance to a spacious lake-facing deck with a gas BBQ hook-up—ideal for sitting back or entertaining guests while watching spectacular sunsets over the lake. The main level features two large bedrooms divided by a full four-piece bathroom for family or guest privacy. The stunning master suite upstairs offers a real retreat with vaulted ceilings, skylight, walk-in closet, and lavish ensuite with Jacuzzi tub and glass-block shower. The suite's private gas fireplace and panoramic view of the lake create a cozy and warm ambiance that makes the daily commute home feel like a vacation. The basement is almost complete with a 2 pc bathroom, a 4th bedroom (could easily be 5 or 6 BEDROOMS) and a large entertaining space. Exterior, the home is completely landscaped with mature trees and flower gardens, both enhancing the beauty and privacy. Have your morning coffee on the large deck or relax near the water's edge. The additional-large yard has ample space for outdoor living, and the 22×24 heated double attached garage provides ample storage and workshop possibilities. Located only 600 meters from the marina, this home provides exceptional access to boating, fishing, sledding, and all that Gull Lake has to offer. Whether you’re seeking a year-round residence or a seasonal retreat, this property delivers the best of Alberta lakefront living—where every day comes with an incredible view and the tranquility of lakeside life. More details
    Listed by KIC Realty
    LISTING DETAILS
    DIANE RICHARDSON

  • 40513 Range Road 231 in Rural Lacombe County: Detached for sale : MLS®# A2268424

    40513 Range Road 231 Rural Lacombe County T0C 2N0
    Main Photo: 40513 Range Road 231 in Rural Lacombe County: Detached for sale : MLS®# A2268424

    40513 Range Road 231 Rural Lacombe County T0C 2N0

    $490,000
    Residential
    Status:
    Active
    MLS® Num:
    A2268424
    Bedrooms:
    6
    Bathrooms:
    2
    Floor Area:
    1,711 sq. ft.
    Bring the horses!! Located just 6 minutes to Alix on pavement! This Character home was brought in and placed on a newer poured concrete foundation in 1977. The plumbing and electrical has been updated over the years. This 5.45 Acre FENCED property features a detached 30'x60' shop, PLUS a 40'x90' building with office area. The outbuilding/arena previously had water and heat to it, so it may still have the ability to have that now. Just inside the door of the home is the mudroom and a heated tack room to store saddles etc. Inside you'll notice the character and charm of this beautiful two story with tons of space and windows throughout. A bedroom/office is located right off of the kitchen which would work nicely as a walk in pantry! There is a full bathroom on this level, functional kitchen with large dining space and living room. Upstairs has 4 bedrooms including the large primary that provides its own ensuite. Downstairs has been partially developed, currently 2 rooms, 1 bedroom and the other considered a den as the deck covers the window (no egress). Other updates to note is the NEW SIDING July 2025, new outdoor riding pen, some new windows, newer roof, & new Culligan water UV filtration system. This land is FULLY FENCED so the livestock can roam safely. There is also a shed with outdoor space attached for chickens, bunnies etc. Acreages this close to town haven't come up much in the last several years, your right in between Alix, Mirror and Tees! A perfect spot for some country living! More details
    Listed by CIR Realty
    LISTING DETAILS
    DIANE RICHARDSON
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Interactive Map: Acreages for Sale Under $500,000 In Southern Alberta

Use the interactive map below to explore active acreages for sale in Southern Alberta under $500,000, including affordable hobby farms, country homes, and rural land opportunities across Rocky View County, Foothills County, Wheatland County, Kneehill County, and Mountain View County. Zoom in on the areas that fit your lifestyle—whether you prefer west-side foothills views, prairie acreages east of Calgary, or scenic country settings north and south of the city—to see where each property is located relative to highways, town services, schools, and recreation.

Each pin represents an active MLS® listing—click any property to view full details, photos, land size, home features, outbuildings, and current pricing. Whether you’re a first-time acreage buyer, downsizing, or looking for land to build on, this map helps you compare Southern Alberta acreages under $500,000 and quickly shortlist the properties that match your budget, commute, and long-term plans.


Frequently Asked Questions – Acreages for Sale in Southern Alberta Under $500,000

1. Where can I find acreages for sale in Southern Alberta under $500,000?

Acreages under $500,000 are available throughout Southern Alberta, with many options found in Rocky View County, Foothills County, Wheatland County, Kneehill County, and Mountain View County. Buyers may also find affordable rural properties near communities such as Airdrie, Cochrane, Okotoks, High River, Strathmore, Brooks, and Lethbridge, depending on land size and property type.

2. What types of properties are available under $500,000?

Buyers can expect a variety of options, including small acreages with modest homes, hobby farms, older rural houses on larger parcels, and undeveloped land suitable for future building. Property condition, services, and land usability can vary widely across Southern Alberta counties at this price point.

3. Are Southern Alberta acreages under $500,000 suitable for first-time acreage buyers?

Yes. Many first-time acreage buyers start under $500,000 because it provides an affordable entry into rural living. Smaller parcels closer to town services can reduce maintenance and improve convenience, while larger parcels farther out may offer more land value and privacy.

4. What should I consider before buying an acreage in Southern Alberta?

Key considerations include zoning and permitted land use, water supply and septic systems, road access and winter maintenance, utility availability, and proximity to schools and services. It’s also important to review county bylaws that may affect building guidelines, livestock rules, home-based businesses, or future development plans.

5. Can I find hobby farms or properties with outbuildings under $500,000?

Yes, although availability can be limited. Some acreages under $500,000 may include barns, shops, storage sheds, or fenced pasture, particularly in agricultural areas across Southern Alberta. Buyers often get the best value by staying flexible on location, home age, or finishing level while prioritizing land usability and access.

6. How competitive is the market for affordable Southern Alberta acreages?

Well-priced acreages under $500,000 often attract strong interest, especially those with good access, usable land, or updated homes. Inventory can shift quickly by season and county, so it helps to set up new listing alerts and be prepared to act when the right property appears.

7. What financing options are available for acreage properties?

Financing depends on property type, land size, and servicing. Homes on smaller parcels with standard utilities are often easier to finance, while larger parcels or vacant land may require higher down payments or specialized lenders. A mortgage professional familiar with rural properties can help you structure financing based on the acreage’s characteristics.

8. How can Diane Richardson help me buy an acreage under $500,000?

Diane Richardson can help you compare Southern Alberta counties, narrow down locations that match your budget and lifestyle, and set up alerts for new acreage listings under $500,000. She also provides guidance on value, conditions, and negotiation, helping you move forward confidently.
Phone: 403-397-3706
Email: diane@mypadcalgary.com

Acreages for Sale in Southern Alberta Under $500,000

Explore affordable acreages priced under $500,000 across Southern Alberta. From small hobby farms and country homes to undeveloped rural land, this segment highlights some of the best-value opportunities for acreage living throughout the region. Buyers searching Southern Alberta for space, privacy, and flexibility will find a wide range of properties suited to rural lifestyles and long-term ownership.

About Acreages Under $500,000 in Southern Alberta

Acreages under $500,000 are widely available throughout Southern Alberta, particularly in counties such as Rocky View, Foothills, Wheatland, Kneehill, and Mountain View County. These areas offer diverse rural settings, from open prairie and agricultural land to rolling foothills and established country residential communities. Property options range from modest rural homes on smaller parcels to larger tracts of undeveloped land suitable for future building or agricultural use.

Property Types, Land Use & Rural Lifestyle

Affordable acreages for sale in Southern Alberta under $500,000 with open land and rural setting
Acreages under $500,000 in Southern Alberta often feature open land, country homes, and flexible rural lifestyle options.

Acreages in this price range typically emphasize land value and lifestyle flexibility rather than luxury finishes. Buyers may encounter older farmhouses, bungalows, or rural residences with renovation potential, as well as properties offering barns, shops, sheds, or fenced pasture suitable for hobby farming, equipment storage, or small livestock. Undeveloped parcels are also common, appealing to buyers planning to build over time or secure land for future use.

Land size and zoning vary significantly across Southern Alberta. Some acreages are located close to towns and services, while others provide larger agricultural or country residential parcels with greater privacy. Important considerations include water sources, septic systems, road access, winter maintenance, and local county bylaws that may affect development, subdivision potential, or permitted land use.

Location, Access & Regional Convenience

One of the advantages of buying an acreage in Southern Alberta under $500,000 is the ability to choose from a broad range of locations. Many properties are situated near established communities such as Airdrie, Cochrane, Okotoks, High River, Strathmore, Brooks, and Lethbridge, offering access to services, schools, healthcare, and regional employment while maintaining a rural setting.

Who Are Affordable Southern Alberta Acreages Best Suited For?

Acreages under $500,000 in Southern Alberta appeal to a wide range of buyers, including first-time acreage owners, downsizers leaving larger farms, tradespeople needing space for equipment or workshops, hobby farmers, and buyers seeking privacy without the cost of luxury rural estates. This segment is also attractive to urban and out-of-province buyers looking to transition into rural living at a manageable price point.

Why Consider an Acreage in Southern Alberta Under $500,000?

Acreages for sale in Southern Alberta under $500,000 offer several key advantages:

  • Affordable entry into acreage living across a diverse and well-established rural region.
  • Opportunities to own land with renovation, expansion, or future building potential.
  • Flexible zoning options suitable for hobby farming, storage, or home-based businesses.
  • Greater space, privacy, and lifestyle freedom compared to most urban housing.
  • Long-term value in Southern Alberta’s stable and varied rural real estate market.

Diane Richardson – Calgary & Southern Alberta Acreage Specialist

Work with a Trusted Southern Alberta Acreage Specialist

Diane Richardson helps buyers and sellers navigate acreages for sale in Southern Alberta under $500,000, including hobby farms, country homes, and rural land near Calgary. Whether you’re looking for an affordable acreage with good access, usable land, or renovation potential, Diane provides practical, data-driven advice and curated listing recommendations that match your budget and lifestyle.

When reaching out, please include the MLS® number, county, or a link to any acreage listings you like so Diane can respond with property-specific insights on value, access, services, and next steps.

     Connect with Diane About Acreages Under $500,000    

Acreages Near Calgary & Surrounding Communities

Explore affordable acreages under $500,000 across Southern Alberta, from city-edge country homes to rural properties in nearby towns and counties. Use the quick links below to view acreage listings near your preferred location.

  • Airdrie

    Country residential acreages north of Calgary with easy city access.

  • Balzac

    Small acreages and rural homes near major highways and employment hubs.

  • Bragg Creek

    Wooded foothills acreages with mountain views and outdoor recreation.

  • Chestermere

    Acreage living close to lakes, services, and east Calgary amenities.

  • Cochrane

    Scenic acreages west of Calgary with rolling hills and river valleys.

  • Dewinton

    Popular south Calgary acreage community with paved access and schools.

  • Diamond Valley

    Affordable rural properties near Turner Valley and Black Diamond.

  • Foothills County

    Hobby farms and country homes south of Calgary with wide-open space.

  • High River

    Rural living near town services and established agricultural land.

  • Calgary Area

    Edge-of-city acreages offering space while staying close to amenities.

  • Mountain View County

    Affordable country properties north of Calgary with open landscapes.

  • Okotoks

    Sought-after acreages near town amenities and commuter routes.

  • Priddis & Millarville

    Foothills acreages with treed lots, privacy, and equestrian zoning.

  • Rocky View County

    Diverse acreage options surrounding Calgary on all sides.

  • Strathmore

    Affordable acreages east of Calgary with highway access.

  • Sundre

    Mountain-adjacent acreages with recreation and scenic views.

  • Wheatland County

    Wide-open prairie acreages with excellent value and space.

Tip: Start with the area that best fits your commute, land size needs, or lifestyle goals, then explore available acreages under $500,000.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.